James Bond's Aston Martin Looks Like 'Giant, Black, Wet Sock'

James Bond's iconic car is fished out of Lake Garda; Daniel Craig (inset)

Pier Filippo/AP

04/21/2008 AT 10:05 AM EDT

A stunt man working on the latest James Bond movie accidentally drove the secret agent's prized automobile into an Italian lake Sunday.

The Aston Martin DBS was totaled at dawn during heavy rain alongside northern Italy's Lake Garda, with the car plowing off the road and plunging about 30 feet to the water's surface.

"The car skidded, broke through the guard rail and ended up in the water. It floated almost a minute and then went straight down," a local barman told reporters.

The car, valued at $250,000, sank to an estimated depth of 150 feet and a couple of hours later a crane was put in place to pull it out of the water. The roof was crushed almost flat into the bodywork, but the driver was able to swim ashore.

"Let's put it this way, Bond or no Bond, that car isn't going anywhere but the mechanic, and for quite some time too," the barman tells PEOPLE. "The front of the car was heavily damaged by the impact with the metal guard rail and the right hand side of the car looked like it had been grated against a wall ... When it came out of the water, hooked up to the crane it looked like one giant black wet sock. Water kept pouring out of it."

The driver, identified as British man Fraser Dunn, 30, was rescued immediately from the car and taken to the nearby Rovereto Hospital where he was diagnosed with a thorax trauma. Hospital staff declined to comment to PEOPLE.

The current 007, Daniel Craig, was not involved in the crash. The Quantum of Solace crew has been at the lake for the past week and the filming had gone smoothly.

Franceschino Risatti, the mayor of Limone and one of the three local towns for which the crew has requested outdoor filming permits, told reporters: "The first 11 minutes of the film are filmed here in our area; the filming involves a breathtaking car chase through Limone, Tremosine and Malcesine. We are very lucky to have this taking place here. The whole world will get to know our towns!"